109-119 W Grand AvenueMelrose Park, IL 60164
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
OPPORTUNITY KNOCKS! Discover an unparalleled investment opportunity in the heart of the bustling commercial district of unincorporated Melrose Park, Cook County. This fully leased strip mall is a true cash cow, strategically positioned on a highly trafficked, busy street boasting an extremely high vehicle count per day, ensuring constant visibility. Coupled with high foot traffic, it's a magnet for consistent consumer flow to its long-term tenants. Offering a solid 7 cap rate in an investor-friendly environment, this property not only promises attractive returns but also stands as a testament to stability and potential growth in a thriving market. Perfect for those seeking to expand their portfolio, this strip mall combines immediate cash flow with long-term value appreciation in a location that maximizes profitability and management ease. Seize this chance to anchor your investment in a vibrant community, reaping the benefits of Melrose Park's commercial vitality.
3 weeks ago | Listing updated with changes from the MLS® | |
9 months ago | Status changed to Active | |
9 months ago | Listing first seen on site |
Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-10-30 12:00 AM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.